“Cryptocurrency,” “Blockchain,” “ICO” officially recognized words by Merriam-Webster Dictionary

“The language doesn’t take a vacation, and neither does the dictionary,” reads an official March 5 announcement on Merriam-Webster Dictionary’s blog.

Today, cryptocurrency enthusiasts got one more reason to be assured about the future of their investments. Cryptocurrency just got a whole lot more legitimate.

A big batch of 850 new words and new definitions for existing words has just been added to one of the America’s most go-to dictionaries. Among them, “cryptocurrency,” “blockchain,” and “ICO.”

These three cryptocurrency-related words have been making headlines for several years, now finally made it into a dictionary. One can already search the online version of the dictionary for these words and find their definitions (or simply click here: cryptocurrency, blockchain, ICO).

M-W Dictionary’s editors are hard at work constantly monitoring and regularly christening new words into the official use.

As associate editor at Merriam-Webster, Emily Brewster, explained, “in order for a word to be added to the dictionary it must have widespread, sustained and meaningful use. These new words have been added to the dictionary because they have become established members of the English language and are terms people are likely to encounter.”

“Bitcoin”, one more buzz word from the crypto world, has been added to the dictionary a while back, in April 2016.

Curiously, the M-W dictionary states the first known use of “ICO” was in 2014, that of “blockchain” in 2011, and that of “cryptocurrency” back in 1990, making it the “oldest” one.

Merriam-Webster is yet to release the list of the new 850 words and phrases, though we can be sure for now, the slang term “HODL” is not going to be included in the official dictionary.

Maybe just yet.

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